Real Estate Services - Colliers International

Real Estate Services
Lithuania
Accelerating success.
Colliers International is the leader in global real estate services, defined by our spirit of
enterprise. Through a culture of service excellence, and a shared sense of initiative, we
integrate the resources of real estate specialists worldwide to accelerate the success of
our partners and clients.
Our goal is to make your property a competitive business advantage and ensure your
entire range of property needs is met. This is achieved by empowering our service
teams to partner with each client, truly listen to their unique business needs and design
an integrated service offering.
€2.25 billion in annual revenue
66 countries
554 offices
In Lithuania, Colliers started operating in 2005. Colliers was the first international
real estate consultancy agency to enter Baltic market and introduce its recourses for
local commercial real estate development, analysis, and classification standards. Today
Colliers is one of the leading property consultants in the region and provides a full range
of commercial real estate services.
Our clients benefit from the experience and expertise of our 2,780 specialists throughout
40 countries in EMEA. With some of the deepest market coverage in the region, we are
defined by our spirit of enterprise - taking initiative, thinking creatively, collaborating to
achieve and using our expertise to consistently innovate.
16,000 professionals
180 million square meters under
management
We accelerate your success by making our knowledge your property ...
Our Services
Colliers International’s professionals are here to accelerate your success through our
specialized expertise and unparalleled ability to collaborate and deliver. We help owners,
occupiers and developers solve complex problems with integrated commercial property
services.
Whether you are local company or global organization our team provides creative
solutions for all your real estate needs. Colliers International in Lithuania offers a
comprehensive portfolio of real estate services on a local, regional, national and
international basis.
Our Core Services Include
>>Brokerage Services
>>Valuation Services
>>Investment Services
>>Auction Services
>>Market Research and Advisory Services
>>Corporate Solutions
Property Types
We provide real estate consulting services across a spectrum of property types:
>>Office
>>Hotel
>>Retail
>>Mixed-use
>>Industrial
>>Land
REAL ESTATE SERVICES I LITHUANIA I 3
Brokerage Services
A LEASE MEANS MORE THAN A BOX WHERE YOU DO BUSINESS
Colliers International provides brokerage services to tenants, vendors, buyers and landlords of commercial premises. We are
trained and experienced in running highly complex real estate operations in order to meet our clients’ needs. We guarantee full
transparency of our service terms to our customers.
Leases are often landmarks in the lifetime of a business, marking a significant
investment of time and resources in your building’s physical space, which
will have an impact on your business long-term. So we don’t approach these
landmarks simply as transactions; we see them as opportunities to our client’s
overall business goals.
TENANT REPRESENTATION
LANDLORD REPRESENTATION
We believe your lease can support business success so our brokerage team is
eager to:
Our brokerage team who work on behalf of property owners and landlords do
more than searching and signing tenants. We create the strategic backbone of
a property marketing cycle that positions the property in the marketplace and
secures the right tenants, building value to support the landlord’s ownership
goals.
>> Guide you through the selection process.
Key aspects we consider when representing landlords and owners:
BROKERAGE SERVICES INCLUDE
>> Know your competitive set. Identify your competitive advantages and
opportunities for improvement.
A lease is often the second-greatest expenditure for a business after payroll,
so it must be more than a cost center - we strive to make your real estate a
competitive advantage.
>> Provide in-depth market analysis to ensure the best possible choice is done.
>> Identify potential mistakes to keep your relocation or renewal process on
target with minimal disruption to your business and productivity.
>> Lease Renegotiation and Renewal
>> Positioning matters. Create a specific go-to-market strategy tailored to your
business needs.
>> Space Expansion and Consolidation
>> Never miss a prospect. Generate strong interest and feedback from
prospects.
>> In-Depth Location Analysis
>> Mix well. Form into clusters. Search of the best tenant mix or build an
industry cluster that will make your building known for more than just its
bricks and mortar.
>> Minimize risk. Structure a lease with the right security measures to protect
your investment.
>> Dispositions and Subleases
>> Business Unit Analysis / Workplace Design
>> Lease and Operating Cost Audits
>> Asset Resolution
REAL ESTATE SERVICES I LITHUANIA I 4
Case Studies
Brokerage Services
CLIENT
Nasdaq
CLIENT
Teleperformance
CLIENT
Avon Cosmetics
TYPE
Office
TYPE
Office
TYPE
Office, logistics
SPACE
4,600 sqm
SPACE
1,200 sqm
SPACE
600 sqm
LOCATION
Vilnius, Lithuania
LOCATION
Vilnius, Lithuania
LOCATION
Vilnius, Lithuania
SERVICE
Tenant Representation
SERVICE
Landlord Representation
SERVICE
Strategic Consultation
CLIENT
Lindorff
CLIENT
Exadel
CLIENT
Mondelēz International
TYPE
Office
TYPE
Office
TYPE
Office
SPACE
990 sqm
SPACE
600 sqm + 400 sqm
SPACE
400 sqm
LOCATION
Vilnius, Lithuania
LOCATION
Vilnius, Lithuania
LOCATION
Kaunas, Lithuania
SERVICE
Tenant Representation
SERVICE
Tenant Representation
SERVICE
Consultancy
REAL ESTATE SERVICES I LITHUANIA I 5
Case Studies
Brokerage Services
CLIENT
Tieto
CLIENT
Sanofi
CLIENT
Frey Wille
TYPE
Office
TYPE
Office
TYPE
Retail
SPACE
1,600 sqm
SPACE
1,000 sqm
SPACE
80 sqm
LOCATION
Vilnius, Lithuania
LOCATION
Vilnius, Lithuania
LOCATION
Vilnius, Lithuania
SERVICE
Tenant Representation
SERVICE
Tenant Representation
SERVICE
Tenant Representation
CLIENT
IPF / Provident
CLIENT
Sanitex
CLIENT
Omnitel
TYPE
Office
TYPE
Office
TYPE
Office
SPACE
1,400 sqm (7 objects)
SPACE
1,500 sqm (4 objects)
SPACE
71 objects
LOCATION
Lithuania
LOCATION
Lithuania
LOCATION
Lithuania
SERVICE
Tenant Representation
SERVICE
Tenant Representation
SERVICE
Renegotiation
REAL ESTATE SERVICES I LITHUANIA I 6
Investment Services
Colliers International's team of investment sales specialists see beyond the bricks and
mortar to analyze how property acquisition, ownership and disposition can accelerate the
success of your financial portfolio.
We work with national and global institutions and investors to identify, evaluate and select assets that best
complement their portfolio, property performance, income goals, and risk profile. This often requires complex
analysis and innovative thinking to provide a defensible, well-researched strategy for asset acquisition.
When the time is right for disposition, we provide a clear competitive analysis and transaction history of
comparable assets to maximise the property’s momentum in the market. Through our best-in-class marketing
technology and our creative approach, we drive strong investor interest in properties. At the same time, we work
with you to preserve confidentiality, minimise disruption to tenants and prevent surprises in the due diligence
process.
Our proven system of investment sales takes into account each investor’s unique priorities and weighted
concerns for price, closure and risk. The outcome of our specialised approach is strategic development of the
property’s competitive profile, speed to market and careful negotiation to ensure a smooth closure and the
investment return.
INVESTMENT SERVICES INCLUDE
>> Transaction Consultancy
>> Buyer, Vendor Representation (Deal Structuring, Negotiations, Financial Analysis, Deal Planning and Closing)
>> Investment Grade Properties Tracking
>> Cash-flow Predictions and Evaluations
>> Identification of Investment Grade Development Opportunities
>> Attraction of Financing, Equity Partners
>> Due Diligence Procedures
>> Preparation and Distribution of Materials for Investors
>> Public and Closed Tender Organization and Administration
REAL ESTATE SERVICES I LITHUANIA I 7
Case Studies
Investment Services
CLIENT
Bank Snoras
CLIENT
Bank Snoras
CLIENT
Bank Snoras
NAME
Polocko St. 2, Vilnius
NAME
Zaliasis Rd. 8, Neringa
NAME
Boksto St.10, Vilnius
TYPE
Science building
TYPE
Hotel
TYPE
Office
SPACE
2,000 sqm
SPACE
1,000 sqm
SPACE
1,200 sqm
LOCATION
Vilnius, Lithuania
LOCATION
Neringa, Lithuania
LOCATION
Vilnius, Lithuania
SERVICE
Seller Representation (property sale)
SERVICE
Seller Representation (property sale)
SERVICE
Seller Representation (property sale)
CLIENT
Bank Snoras
CLIENT
Medinbio
CLIENT
Heitman
NAME
Industrial complex, Salcininkai district
NAME
Agriculture land with farm
NAME
Dobrovole Logistics Centre I
TYPE
Industrial
TYPE
Land
TYPE
Industrial
SPACE
2,600 sqm
SPACE
48 Ha
SPACE
17,000 sqm
LOCATION
Salcininkai, Lithuania
LOCATION
Pagegiai, Lithuania
LOCATION
Vilnius, Lithuania
SERVICE
Seller Representation (property sale)
SERVICE
Buyer Representation (property sale)
SERVICE
Seller Representation (sale of shares)
REAL ESTATE SERVICES I LITHUANIA I 8
Market Research and Advisory Services
RESEARCH IS LIKE LOOKING IN A REAR-VIEW MIRROR TO SEE WHAT’S NEXT ON THE ROAD AHEAD
We believe research services must offer more than data and historical perspective. We use research to help our clients understand emerging trends and take
advantage of the cyclical - and therefore, somewhat predictable - nature of real estate.
We produce a wide range of research reports in support of the Colliers International business. Also advise clients across a broad range of property sectors,
subjects and geographies. Our data and analysis provides our clients with the information they need to make real estate decisions from basic market information
including average yields, volume, vacancy, lease rates and terms to customized reports based on our clients' individual requirements.
Colliers’ Lithuania Research and Advisory team offers professional advice and a wide range of services in particular: office, retail, hotel, mixed-use, industrial and
logistics in Lithuania and Baltic States. The combination of these specializations, broad general knowledge, teamwork and cooperation with other departments of
Colliers International Lithuania, as well as the company’s global platform, enable us to provide clients with the full range of interdisciplinary services tailor-made to
suit their needs.
MARKET RESEARCH SERVICES INCLUDE
ADVISORY SERVICES INCLUDE
>> Real Estate Market Research
>> Highest and Best Use Analysis
>> Periodic Market Reports
>> Feasibility Studies
>> Reviews on Strategic Situation in the Region
>> Investment Appraisals
>> Comprehensive Location Analysis, Economic and Demographic Analysis, and
Competition Analysis for Development and Existing Real Estate Properties
>> Consultations on Development Projects
>> Advice for the Optimal Location for the Given Functions and Calculations on
Optimal Rent Rates for the Given Location
>> Real Estate Market Capacity Estimation
>> Property Classification
>> Concept Planning
>> Recommendations on Efficient Spatial Planning and Solutions
>> Lease and Cost Analysis
>> Strategic Consultancy on Real Estate Portfolio Management
>> Property Market Forecasts
REAL ESTATE SERVICES I LITHUANIA I 9
Case Studies
Market Research and Advisory Services
CLIENT
Technopolis
CLIENT
Verdispar Gluosniai
CLIENT
CityCon Oyj
NAME
Technopolis
NAME
Riverside
NAME
CityCon
TYPE
Office
TYPE
Mixed use development
TYPE
Retail
LOCATION
Vilnius, Lithuania
SPACE
4.75 Ha
LOCATION
SERVICE
Quarterly Vilnius commercial RE
market research
LOCATION
Klaipeda, Lithuania
SERVICE
Feasibility study, annual Klaipeda
residential market research
SERVICE
Vilnius, Kaunas, Klaipeda, Siauliai,
Panevezys, Lithuania
Retail market research
CLIENT
Swedbank
CLIENT
Hekon
CLIENT
Linstow AS
NAME
Swedbank
NAME
Novotel
NAME
Linstow
TYPE
Office, retail, industrial
TYPE
Hotel
TYPE
Retail
LOCATION
Lithuania
LOCATION
Vilnius, Riga, Tallinn
LOCATION
SERVICE
Annual commercial RE market
analysis
SERVICE
Hotel market research, database of
hotels in Vilnius, Riga, Tallinn
SERVICE
Vilnius, Kaunas, Klaipeda, Siauliai,
Panevezys, Lithuania
Retail market research, database of
shopping centres
REAL ESTATE SERVICES I LITHUANIA I 10
Case Studies
Market Research and Advisory Services
CLIENT
Pepco Poland
CLIENT
SEB bank
CLIENT
EIKA
NAME
Pepco
NAME
Gedimino Av. 12
NAME
Dainava
TYPE
Retail
TYPE
Office
TYPE
Hotel
LOCATION
SPACE
5,000 sqm
SPACE
7,000 sqm
SERVICE
Vilnius, Kaunas, Klaipeda, Siauliai,
Panevezys, Lithuania
Retail market research
LOCATION
Vilnius, Panevezys, Lithuania
LOCATION
Vilnius, Lithuania
SERVICE
Consultancy on possible market rent
and rental cost optimization strategy
SERVICE
Hotel feasibility study and brand
operator search
CLIENT
Reitan Convenience Lithuania
CLIENT
Avon Cosmetics
CLIENT
East Capital
NAME
Laisves Av. 58
NAME
Avon
NAME
East Capital
TYPE
Office
TYPE
Office, industrial
TYPE
Retail, office, industrial
SPACE
1,400 sqm
SPACE
5,700 sqm (2 objects)
LOCATION
Vilnius, Kaunas, Klaipėda, Lithuania
LOCATION
Vilnius, Lithuania
LOCATION
Vilnius, Lithuania
SERVICE
SERVICE
Consultancy on possible market price
and office lease strategy elaboration
SERVICE
Consultancy on possible rental cost
optimization strategies
Monthly / quarterly Vilnius commercial
RE market research, database of
investment transactions
REAL ESTATE SERVICES I LITHUANIA I 11
Valuation Services
A true and defensible assessment of property value can mean the difference between
reaching a critical goal - securing a loan, closing a sale, choosing the best asset or failing to achieve it altogether.
Our valuation services are designed to deliver insight into a property's fundamentals, its competitors and the
overall market dynamics affecting value, now and in the future. We believe that valuation can be a strategic asset
for investors and owners, provided that reporting is clear, prompt and addresses the big picture.
Our consultants share a commitment to delivering the highest level of service and the best experience possible.
We go the extra mile to deliver for our clients, whether this means meeting a tight deadline or working with
a complex and challenging property. We have developed a system of report production and validation to
offer our clients both speed and exceptional accuracy, while maintaining a dedicated project leader to ensure
accountability.
VALUATION SERVICES INCLUDE
>> Valuations for Lending Purposes
>> Capital Raising
>> Single Asset and Portfolio Valuations
>> Acquisition and Disposal
>> Appraisal Review / Management
>> Strategic Planning and Decision Making
>> Discounted Cash flow Analysis
>> Mergers and Acquisitions
>> Financing and Refinancing
>> Sale Negotiation and Transaction
>> Portfolio Restructuring
>> Development Appraisals
>> Sale and Leaseback
>> Insurance Purposes
>> Litigation Support
>> IFRS and Balance Sheet Compliance
REAL ESTATE SERVICES I LITHUANIA I 12
Case Studies
Valuation Services
CLIENT
YIT Kausta
CLIENT
ECE Projektmanagement
CLIENT
BSP Logistic / Industrial Property
NAME
YIT Kausta portfolio
NAME
Shopping centre Ozas
NAME
BSP Portfolio
TYPE
Office, industrial
TYPE
Retail
TYPE
Industrial
SPACE
37,600 sqm (3 objects)
SPACE
62,500 sqm
SPACE
49,500 sqm
LOCATION
Vilnius, Kaunas, Lithuania
LOCATION
Vilnius, Lithuania
LOCATION
Vilnius, Panevezys, Lithuania
SERVICE
Property portfolio valuation
SERVICE
Valuation
SERVICE
Valuation
CLIENT
LORDS LB Asset Management
CLIENT
The Nordic & Baltic Property Group
CLIENT
BT Invest
NAME
LORDS LB portfolio
NAME
Business Park Four
NAME
Merchants’ Club
TYPE
Retail, office
TYPE
Office
TYPE
Office
SPACE
49,000 sqm (3 objects)
SPACE
17,600 sqm
SPACE
5,500 sqm
LOCATION
Vilnius, Kaunas, Alytus, Lithuania
LOCATION
Vilnius, Lithuania
LOCATION
Vilnius, Lithuania
SERVICE
Valuation for financial reporting
purposes
SERVICE
Valuation for secured lending purposes
SERVICE
Valuation for secured lending purposes
REAL ESTATE SERVICES I LITHUANIA I 13
Case Studies
Valuation Services
CLIENT
Prosperus Asset Management
CLIENT
Norhern Horizon Capital
CLIENT
McDonalds
NAME
North Star BC
NAME
Norhern Horizon Capital portfolio
NAME
McDonalds portfolio
TYPE
Office
TYPE
Office, retail, warehouse
TYPE
Catering
SPACE
19,900 sqm
SPACE
58,800 sqm (4 objects)
SPACE
1,200 sqm (3 objects)
LOCATION
Vilnius, Lithuania
LOCATION
Vilnius, Kaunas, Lithuania
LOCATION
Vilnius, Kaunas, Lithuania
SERVICE
Valuation for financial reporting
purposes
SERVICE
Property portfolio valuation
SERVICE
Portfolio valuation
CLIENT
Geneba Properties N.V.
CLIENT
Linstow AS
CLIENT
East Capital
NAME
Lithuania portfolio valuation
NAME
Linstow portfolio
NAME
East Capital portfolio
TYPE
Office, retail, industrial
TYPE
Hotel
TYPE
Retail, office
SPACE
46,000 sqm (25 objects)
SPACE
44,100 sqm / 665 rooms (4 objects)
SPACE
106,300 sqm (5 objects)
LOCATION
Lithuania
LOCATION
Vilnius, Kaunas, Klaipeda, Lithuania
LOCATION
Vilnius, Klaipėda, Lithuania
SERVICE
Valuation for financial reporting
purposes
SERVICE
Hotel portfolio valuation for financial
reporting
SERVICE
Valuation for financial reporting and
secured lending purposes
REAL ESTATE SERVICES I LITHUANIA I 14
Auction Services
Colliers International auctions property on behalf of both
owners and banks, conducting both voluntary and foreclosure
sales.
It is a quick and efficient way that optimizes investment sale and / or supply
liquidity to the client. Colliers International auction services specialize in
selling commercial real estate assets on a national basis for a variety of
clients ranging from private investors to institutional owners. We offer a
comprehensive set of auction services that allow us to customize a property
sale strategy which best meets the goals of the client. Creating a highly
customized strategy is vital in ensuring the property reaches its maximum
value on the date of sale.
For buyers it is a quick process that avoids lengthy negotiations between seller
and buyer being able to visit the property, to sell and establish an acquisition
strategy and participation in the auction. Buyers have the potential to improve
their offers until the hammer is dropped and business is closed, having the
certainty that the assets acquired are transferred free of encumbrances,
liens, lawsuits, legal prohibitions or other circumstances (unless mentioned
otherwise), and there is a clear commercialization pathway regulated by
bidding on the scope, method, act, and conditions under which the auction is
conducted.
BENEFITS OF AUCTION SERVICES
>> Open and transparent sales process
>> Quick and reliable sale
>> Maximized asset value
>> Reduced owners’ professional and legal costs
>> Highly controlled deal structure and disposition process by seller
>> Certain date of sale, focusing market attention
>> Established market pricing for difficult-to-value properties
>> Sales of properties in a portfolio in bulk or individually
COLLIERS OFFERED AUCTION METHODS
>> English auction (open ascending price auction)
>> Dutch auction (open descending price auction)
>> Sealed first-price auction (first-price sealed-bid auction)
REAL ESTATE SERVICES I LITHUANIA I 15
Case Studies
Auction Services
CLIENT
Bank Snoras
SERVICE PROVIDED
SALES PRICE
RE portfolio sale process management and seller representation (a series of auctions and
free sales)
All types (land plots, commercial and residential premises, warehouse and industrial facilities)
across Lithuania
Over EUR 14.4 mio (over 300 properties on sale, over 60 properties sold)
PERIOD
2013 - 2015
CLIENT
Swedbank group
SERVICE PROVIDED
RE portfolio sale process management and seller representation (a series of auctions)
TYPE
SALES PRICE
All type property (land plots, commercial and residential buildings, single premises) across
Lithuania
Over EUR 35.5 mio (number of auctions 15, over 400 objects, sold properties over 130)
PERIOD
2010 - ongoing
CLIENT
Private persons and companies (in cooperation with Bank SEB)
SERVICE PROVIDED
RE sale process management and sellers representation (a series of auctions)
TYPE
OBJECTS
All type property (land plots, commercial and residential buildings, single premises) across
Lithuania
17 objects sold
PERIOD
2010 - 2012
TYPE
REAL ESTATE SERVICES I LITHUANIA I 16
Corporate Solutions
Today’s leading businesses rely on our Corporate Solutions team to align their real estate
and workplace strategy with their core business plan.
We deliver customized, accountable and innovative solutions that result in the best service experience. Our
specialists specialize in understanding your unique needs as an extension of your corporate real estate
organization - be it engagement with your internal customers, expertise in your industry, experience in a local
market or specialty with an asset type. This creates a competitive advantage for your company by having
a partner that will drive scenario planning, make recommendations and implement effective strategies that
accelerate your success.
Our integrated services platform combines dedicated, accountable professionals, process management tools,
technology and consistent processes with our outstanding local market knowledge.
REAL ESTATE SERVICES I LITHUANIA I 17
Case Studies
Corporate Solutions
CLIENT
ERGO Lietuva
CLIENT
Bank Snoras
NAME
ERGO
NAME
Bank Snoras
TYPE
Office, retail, residential, land
TYPE
LOCATION
Lithuania
SERVICE
Valuations, consultancy on property sales price
All types (land plots, commercial and residential buildings, warehouse
facilities)
Lithuania
CLIENT
LOCATION
SERVICE
Seller Representation (forced auctions, free sales), valuations,
consultancy on the best property use, consultancy on property rent rates
East Capital
CLIENT
YIT Kausta
NAME
East Capital
NAME
YIT Kausta
TYPE
Retail, office, industrial
TYPE
Office, industrial
LOCATION
Vilnius, Kaunas, Klaipeda, Lithuania
LOCATION
Vilnius, Kaunas, Lithuania
SERVICE
Valuations, monthly / quarterly commercial RE market
research
SERVICE
Property portfolio valuation, Vilnius office market research, landlord
representation
REAL ESTATE SERVICES I LITHUANIA I 18
Client Testimonials
Emmanuel Plovier
CEO
Teleperformance
Björn Walman
Vice President
Real Estate and Facilities Management
Nasdaq
We were advised by Colliers International in selection of our new office location in Vilnius city. We received
professional and fast service to accommodate our tight deadline for project launch and finding office space
offering high accommodation standards. We are happy with chosen location and are happy to recommend
Colliers International as a trusted real estate partner.
It has been a pleasure to work with Sandra Jovaisaite who as an employee of Colliers International, has helped
our company to open a new office location in Vilnius city, and helped us with all additional facility needs.
Colliers International gathered and analyzed our requirements to present us tailored solutions to our short
and long-term real estate needs. We were happy to receive proactive and professional help during the lease
acquisition process. Sandra was the local real estate project leader and she did an excellent job monitoring the
overall process and progress, and her attention to details led us through-out the whole process very smoothly.
I would not hesitate to recommend Sandra for any prospective task, as she met all our expectations regarding
office search, proposals, negotiations and process fulfillment perfectly.
I wish Sandra the very best in her professional career, as she is an exemplary representative of her profession.
Ilva Sproge
Head of Baltic Sales and
Business Development
LINDORFF
We have worked with Colliers International Consultants in Lithuania in order to find new office. Colliers
International provided us with excellent and proactive support in new premises selection and negotiation process
which enabled us to execute lease transaction in tight time frame and obtain favorable lease conditions.
Madis Raidma
CEO
East Capital Real Estate
We have undertaken valuations of our pan-Baltic portfolio from Colliers International in recent years and we are
pleased with their market knowledge, experience and communication.
We can confidently recommend Colliers International as a trustworthy real estate partner that can deliver in
highly pressured assignments.
REAL ESTATE SERVICES I LITHUANIA I 19
Client Testimonials
David Brodersen
Senior Vice President
Portfolio Management - Europe
Heitman
Radoslaw Wierzchowski
Hear of Property Management Department
Provident
Rokas Vielavicius
Deputy Director
Swedbank
Hans Urban Nielsen
Business Development Director
Regus
Steen Trondhjem Nielsen
General Director
Nordea
Please let me thank Colliers International for the outstanding representation and performance provided on the
recent Dobrovole Logistic Centre transaction. As exclusive sales agents for the fund, you did an outstanding
job sourcing the purchaser, negotiating the letter of intent, managing the due diligence process and supporting
us with the execution of the sale agreement and post-closing activities. Please accept this letter as our highest
recommendation of Colliers International.
UAB Colliers International Advisors Lithuania has been our Lithuanian partner during the search for premises in
year 2013. Through our successful partnership process, Colliers have proven themselves to be very supportive,
reliable and flexible, especially when taking into consideration the very tight time schedule into which they
had to fit. Besides the excellent work they have done for us in the office area they have also assisted us in the
residential sector and in general terms, we are very satisfied with the final optimized solutions that were a result
of their hard work and dedication. With regards to our future plans in Lithuania and high professionalism and
knowledge of Colliers International Advisors, we hope to have a privilege to work with them again.
Trusting Colliers International with conducting our auctions for the last two years has been one of our safest bets
so far. Without a shadow of doubt, their innovation, professionalism and experience stemming from all around the
world has served as a building block in establishing, what we hope, a long-lasting partnership.
Regus used services of Cilliers International in order to find and negotiate leases for the best locations in each
of the capitals of the Baltic countries (Tallinn - 2008, Vilnius - 2009, Riga - 2011). We are very happy with the
chosen locations and hereby give Colliers International in the Baltic Sates our best recommendations.
At the request of Nordea Bank Lietuva, Colliers International performed an analysis of the Vilnius City office
market. The analysis Colliers International provided was thorough, professional, of excellent quality, and
performed quickly. On the basis of the insight these professionals furnished, we can safely make strategic
decisions and plan the company’s further development. If someone needs a real estate analysis, we
unhesitatingly recommend the services of Colliers International.
REAL ESTATE SERVICES I LITHUANIA I 20
Our Clients
From Fortune 500 brands and global institutional investors to family-owned businesses
and private investors, Colliers represent dynamic clients who seek us out for our
expertise and unique attention to the overall client experience. In partnership with our
clients, we strive to make real estate a competitive business advantage and a strong
financial asset. We raise the bar in professional services when we exceed expectations,
both in the business outcomes we achieve and the personal experience we deliver.
ORGANIZATIONS THAT LOOK TO COLLIERS INTERNATIONAL LITHUANIA TO
ACCELERATE THEIR SUCCESS
Accor hotels
EPI Baltic
Louvre Hotels Group
Pepco
Akropolis Group
ERGO
LV Investment
PricewaterhouseCoopers
Avon
Exadel
McDonalds
Sanofi Aventis
Best Western
First Data
Modus Group
SEB Bank
BLRT Investment Group
Frey Wille
Nasdaq
Sky Games
BRC
Heitman
Nordea Bank
BSP Logistics
YIT Kausta
Nordic Choice Hotels
BT Invest
Invest Lithuania
Citadele
IVECO
Nordic and Baltic
Property Group
SNC Lavalin Property
Management (former
Homburg)
CityCon
Kalnapilis-Tauras Group
Deloitte
KPMG
DPD
LAWIN
East Capital
LG
ECE Projektmanagement
Lietuvos Energija
EEREIF
Linstow
Eika
Litectus
E.L.L Real Estate
Lords LB
Nordisk
Northern Horizon Capital
(former BPT)
Snoras
Soreinen
SSPC
Studio Moderna
NT Valdos
Swedbank
Omnitel
Technopolis
Provident
Tieto
Reitan Convenience
Lithuania
TNT
Verdispar
REAL ESTATE SERVICES I LITHUANIA I 21
Our Team
Ramune Askiniene, MSc
Aleksej Kalev, MSc
PARTNER
DIRECTOR
VALUER
ASSOCIATE APPRAISAL
DIRECTOR
CONSULTANCY AND
VALUATION DEPARTMENT
CONSULTANCY AND
VALUATION DEPARTMENT
Ramune Askiniene is a Partner and Director
of Consultancy and Valuation department
in Lithuania who joined the company in
2005. More than 10 years Ramune has
been specialized in highest and best use
analysis, feasibility studies, concept planning,
economic-financial analysis, due-diligence
and has experience working in Lithuanian
and Belarusian markets. Her leading team
has developed concept studies for industrial
projects in Vilnius, Kaunas and Klaipeda
with a total area of more than 700 hectares,
prepared a number of projects in offices,
retail and hotels sectors.
Aleksej Kalev is a certified valuator
(certificate of real property valuator No.
A000356, certificate of movable property
valuator‘s assistant No. A001008, certificate
of business valuator‘s assistant No.
A001015). Aleksej has more than 10 years
of professional experience in commercial,
industrial, residential property and RE
portfolios valuation in Lithuanian market,
providing valuation services for the banks,
insurance companies, developers and
investors, funds, government institutions,
companies.
In addition, Ramune actively participates in
valuation (holds valuer assistant certificate)
and investment projects (advised numerous
investment cases and recently closed
investment transaction of logistics center
with a total area of 17,050 sqm in Vilnius).
Her successful work with international
companies and local market players for
the best RE solutions had met clients’
and company’s needs. Ramune is also
responsible for providing of all Colliers
corporate services to the RE market clients.
Aleksej has a Masters Degree (MSc) in
Financial Management and participated in
numerous professional trainings (organized
by Lithuanian Association of Property
Valuers and Audit, Accounting and Property
Valuation Institute of the Republic of
Lithuania), exhibitions, fairs, seminars and
conferences.
Giedre Kulakoviene, MSc
Sandra Jovaisaite, B.A. (Hons)
ANALYST
ASSOCIATE DIRECTOR
CONSULTANCY AND
VALUATION DEPARTMENT
CRE BROKERAGE
DEPARTMENT
Giedre Kulakoviene is a Market Analyst at
Colliers International Lithuania who joined
the company in 2012. Giedre specializes
in commercial real estate market analysis
and monitoring of macroeconomic and
market indicators. Her work area covers all
commercial real estate sectors, including
offices, retail, industrial, hotels and
investment markets, and residential sector.
She has experiance in prepearing variuos
economic and real estate market reports and
analytical data for various purposes.
Before joining Colliers International, Giedre
worked as a chief specialist of residential
market in Statistics Lithuania. She was
responsible for the residential market
analysis, monitoring of dwelling market and
calculation of dwelling price indices.
Giedre has a Masters Degree (MSc) in
Financial Markets and participated in various
trainings, seminars and conferences related
to economic analysis, project management
and statistical analysis.
Sandra Jovaisaite is an Associate Director
of CRE Brokerage department who joined
Colliers in 2013. Sandra overlooks CRE
Brokerage department with a team of
professionals responsible for Office, Retail
and Industrial sectors. Working area includes
support on leasing commercial real estate
objects across all CRE sectors, searching
and attracting potential clients, providing
landlord/ tenant representation services,
consultancy on best RE strategies based
on clients business’ needs, development of
promotional material. Main area of expertise
is Tenant Representation in office sector.
Lease transaction portfolio contains:
Nasdaq; Mondelez; Sanofi; Quintiles; Avon;
Teleperformance; If Insurance; Tieto;
Lindorff; Exadel; Provident; Ferratum;
Freywille; Nordisk; GM; Panda connect and
others.
Sandra obtained Bachelor’s degree (Honors)
in Property Studies in GMIT Collage, Ireland
and holds RICS student membership.
Constant participation in Colliers training
programs, RE conferences and seminars.
REAL ESTATE SERVICES I LITHUANIA I 22
Colliers International Advisors
A. Gostauto St. 40B I Vilnius I Lithuania
Ph. +370 5 249 1212
E-mail [email protected]
www.colliers.lt
www.colliers.com
Accelerating success.